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Toronto Lights Up the Waterfront: New Year’s Eve Celebrations Set to Dazzle the GTA

  Toronto is preparing for one of its most vibrant New Year’s Eve celebrations yet, with the city’s waterfront transforming into a massive outdoor festival to welcome 2026. Beginning at 10 p.m., the Harbourfront area will come alive with live music, DJ sets, roaming performers, and illuminated art installations stretching from Harbourfront Centre to Sherbourne Common. The night’s biggest draw will be a 10‑minute fireworks display launched over the inner harbour , offering sweeping views from along the lakeshore. The show is designed to be visible from multiple waterfront vantage points, giving thousands of residents and visitors a chance to ring in the new year under a bright skyline. Transit agencies across the region are stepping up to support the festivities. TTC, GO Transit, and UP Express will offer free rides from 7 p.m. on December 31 until 8 a.m. on January 1 , with extended service to help crowds travel safely throughout the night. Beyond downtown, communities across t...
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New Tax Measures in 2024


The Canadian government has introduced new tax measures that will affect Canadians in 2024. These measures include the elimination of some short-term rental deductions, new alternative minimum tax rates, and changes to Canada Pension Plan (CPP) contributions. The elimination of some short-term rental deductions was announced in the Fall Economic Statement (FES) and kicks in on Jan. 1. The federal government is now eliminating that tax break, denying operators of short-term rentals any income tax deductions for expenses if they operate in provinces or municipalities that have banned short-term rentals. In provinces that still allow short-term rentals, operators that are not compliant with local regulations and laws will also be denied the deduction.

The GST/HST exemptions will also be affected. The federal government announced it was taking the GST/HST off “professional services rendered by psychotherapists and counselling therapists.”

These changes are not expected to have a significant impact on most individuals, unless they’re high-income earners.

    

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